MARTINEZ, FELIPE ET AL

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CISCO-BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169015District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
May 1998 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111999-02-16139947
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition898 bbl$16,698
GasProduction1,286,072 Mcf$4,276,918
Total$4,293,617

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.0363, -99.3381. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.03627, -99.33815 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,950 ft
1 wells filed one
Completion to plug
14.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,950 ft.

Completions filed
Aug 1998
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053378548,950 ftAug 1998Dec 2012Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (176)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

176 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200901166.163.90$43
May 20090154.743.93$4
Apr 200901,11146.773.59$3,986
Mar 200901,03642.144.06$4,205
Feb 2009087032.814.63$4,031
Jan 200901,02935.865.37$5,527
Dec 200801,03937.105.98$6,210
Nov 200801,19555.496.86$8,198
Oct 200801,18375.246.92$8,189
Sep 200801,210101.767.88$9,531
Aug 200801,148114.228.48$9,739
Jul 200801,114131.0811.39$12,688
Jun 20080940131.3313.03$12,251
May 2008081123.1711.57$938
Apr 20080126110.3110.45$1,317
Mar 20080449101.909.66$4,339
Feb 200801,29792.538.77$11,375
Jan 200801,40690.388.21$11,537
Dec 200701,19288.337.30$8,704
Nov 200701,13891.677.29$8,298
Oct 200701,16382.856.92$8,050
Sep 200701,05175.846.24$6,563
Aug 200701,09369.066.39$6,982
Jul 200701,32570.906.39$8,464
Jun 200702,22562.007.55$16,795
May 200701,91158.747.85$14,994
Apr 200706159.617.81$476
Mar 2007031456.927.30$2,293
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006029354.207.62$2,232
Oct 2006012554.906.01$752
Sep 2006016260.085.04$816
Aug 20060068.717.34$0
Jul 2006010669.376.34$672
Jun 200608266.286.38$523
May 200601366.016.42$84
Apr 200604464.397.36$324
Mar 2006036856.707.08$2,607
Feb 2006034857.597.75$2,697
Jan 2006037560.598.93$3,350
Dec 2005041054.9413.42$5,500
Nov 2005064354.6910.59$6,808
Oct 200501,06258.3413.80$14,651
Sep 200501,66061.4512.08$20,051
Aug 200502,63561.519.80$25,815
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200404934.475.86$287
Mar 200401334.365.53$72
Feb 2004071532.455.51$3,939
Jan 200402,34932.036.30$14,798
Dec 200304,77830.266.30$30,109
Nov 200302,93428.804.60$13,482
Oct 20030028.174.76$0
Sep 200302,60126.314.75$12,353
Aug 200305,62229.765.13$28,839
Jul 200305,70429.415.17$29,494
Jun 200305,67828.565.98$33,971
May 200306,09826.595.97$36,421
Apr 200306,23126.675.41$33,693
Mar 200307,10231.146.10$43,294
Feb 200306,56833.487.93$52,057
Jan 200306,68530.315.58$37,316
Dec 200208,11326.914.85$39,379
Nov 200206,41524.664.14$26,539
Oct 2002011,61126.464.23$49,104
Sep 200207,77727.443.64$28,271
Aug 200205,07625.963.16$16,061
Jul 200207,12624.583.06$21,818
Jun 200207,91923.733.34$26,436
May 200208,01724.663.58$28,733
Apr 200209,52823.653.51$33,465
Mar 200208,01722.003.10$24,875
Feb 200208,76418.222.38$20,820
Jan 200209,49617.172.38$22,559
Dec 2001010,81616.932.36$25,573
Nov 2001012,02818.072.41$28,934
Oct 2001013,28519.782.53$33,596
Sep 2001613,65424.262.25$30,885
Aug 2001015,66524.873.05$47,828
Jul 20011316,73623.933.20$53,817
Jun 20011317,41924.563.82$66,932
May 20011115,87125.524.31$68,642
Apr 2001017,14124.685.34$91,453
Mar 20011520,05324.545.38$108,182
Feb 2001620,52127.755.77$118,513
Jan 2001023,66227.478.40$198,731
Dec 2000327,42726.889.12$250,283
Nov 2000310,79932.215.66$61,197
Oct 20009031.235.15$281
Sep 20002312,44931.875.19$65,300
Aug 20001218,68429.644.54$85,195
Jul 20001319,51428.534.09$80,178
Jun 20002418,69929.304.40$82,927
May 20001220,78427.263.68$76,807
Apr 20003321,01824.513.12$66,301
Mar 20001023,28828.422.86$66,882
Feb 20004823,40427.622.73$65,137
Jan 20001426,80625.272.48$66,846
Dec 19992929,19924.282.42$71,474
Nov 19994627,12123.192.43$67,079
Oct 19993323,53220.982.80$66,669
Sep 19992925,30221.752.62$66,893
Aug 19993026,88819.262.88$77,897
Jul 19991427,24717.892.37$64,890
Jun 19994231,13815.942.36$74,221
May 19994833,95415.792.32$79,566
Apr 19993034,48915.102.21$76,606
Mar 19993938,33212.471.84$70,953
Feb 19995036,2159.981.82$66,330
Jan 19995241,40210.381.90$79,201
Dec 19986544,4589.201.77$79,436
Nov 19984446,64210.892.19$102,426
Oct 19984761,59612.421.97$121,879
Sep 19982856,48812.592.08$117,996
Aug 1998442,79311.301.91$81,666
Jul 1998017,01911.742.24$38,076
Jun 1998021,48611.242.24$48,070
May 199805,01712.622.21$11,069

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                   11 Mcf  × $  3.90 =        $43

────────────────────────────────────────────────────
Month total                                      $43

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/169015 is the state's own key, not one this site invented.